quantitative easing

Shocking facts about the deindustrialization of America that everyone should know

April 7, 2014
2014.04.07 How long can America continue to burn up wealth? How long can this nation continue to consume far more wealth than it produces? The trade deficit is one of the biggest reasons for the steady decline of the U.S. economy, but many Americans don’t even understand what it is. Basically, we are buying far

2014, resumption of the global systemic crisis’ “normal” path

March 24, 2014
2014.03.24 The avalanche of liquidity from the Fed’s quantitative easing in 2013, allowed the world before’s tenets to wake up: indebtedness, bubbles, globalization, financialization… But all it took was a slight slowing down in the astronomical amounts injected by the US central bank every month for the rampant crisis, buried under these piles of liquidity,

How fragile are emerging markets?

February 10, 2014
2014.02.10 Emerging-market equities and exchange rates are again under severe downward pressure, but are the underlying economies really as fragile as global traders seem to fear? The short answer, for a few, is probably “yes,” but for most, “not just yet.” For most countries, what we are seeing is a recalibration as investors incorporate the

Despite free-market orthodoxy, not all foreign capital is equal

February 3, 2014
2014.02.03 ‘Storms gather over emerging economies’. So says the Financial Times editorial. This latest alarm reflects a concern that the tapering of the US Fed’s quantitative easing (QE) policy will set off sudden capital outflows. The World Bank spells out this QE risk in hand-wringing detail in its latest World Economic Prospects. Just how worried should we (and

Economist caution: Prepare for “massive wealth destruction”

December 4, 2013
2013.12.04 Take immediate steps to protect your wealth . . . NOW! That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we are on the verge of another recession, and this one will be